prize indemnity insurance News

BUA Launches Prize & Promotion Insurance Services, Taps Woodbury to Lead

BUA, LLC of Portsmouth, N.H., has launched Prize & Promotion Insurance Services (PPI). PPI will be led by 25-year industry veteran, Jack Woodbury. PPI will focus on three main promotion insurance product lines: Prize Indemnity Insurance covers prizes that are …

CFC Launches Two New Contingency Insurance Products

Specialist lines underwriting agency, CFC Underwriting, has launched prize indemnity and over-redemption policy products. The new coverages come from CFC’s recently established contingency team and follow the appointment of Matt Helm as Contingency Practice leader last year. “Prize competitions and …

Berkshire Hathaway Insures $1 Billion Prize for Predicting NCAA Winners

Warren Buffett’s Berkshire Hathaway Inc. is backing a $1 billion prize offered by Quicken Loans Inc. if a contestant predicts the winner of each game in the National Collegiate Athletic Association’s men’s basketball tournament. The prize will be paid in …

Super (Insurance) Coverage for the Super Bowl

They say it’s a game, but it’s really a lot more than that. For football fans, the Super Bowl is every holiday rolled into one, especially when their teams have made the big game. The stuff that dreams are made …